CoinDesk reported that XRP is continuing its attempt to turn last week's rebound into a resistance breakthrough, but is struggling to secure follow-up momentum. The outlet stated, "XRP saw buying interest after a sharp drop near $1.11, leading to a retracement to the resistance line. However, it failed to surpass the momentum confirmation level, making it crucial whether the $1.13 to $1.14 range will turn into a support level. The XRP spot ETF recorded net inflows for 9 consecutive weeks, adding $17.19 million, but the CLARITY Act's Senate vote was canceled, eliminating a short-term trigger. XRP is in a consolidation phase between the $1.11 support line and the $1.14 resistance line," it explained.
